Supporters think algae could someday be turned into cheap fuel for automobiles and airplanes, and are betting heavily with infusions of venture capital money and intensive research.
BMW is jumping into, or at least testing, the market for all-electric vehicles, announcing a pilot project to lease 500 completely electric Minis in California, New Jersey and New York.
Owning an electric vehicle requires more than global-cooling ambitions. It takes guile, planning, sharp vision, a silver tongue — and a 50-foot extension cord.
A vehicle-leasing company has launched a new business to maximise the growing demand for fuel efficient, greener cars. (PRWeb Oct 18, 2008)
More at http://www.prweb.com/releases/2008/10/prweb1484414.htm
It’s not a dead end, but Tesla Motors — maker of a $109,000 all-electric sports car — this week said it has hit a financial wall of sorts, specifically a shortage of cash.